Emigrant Bank was established by Irish immigrants in 1850. Its purpose was to serve the financial needs of a dynamic population in a rapidly-growing U.S.
The bank quickly became one of the largest banks in the country. Dedicated to New York City, the bank invested in several community projects by underwriting construction loans. Two significant sites were Saint Paul’s Cathedral and a public works development that later became Central Park. Thanks to the bank’s commitment to New York and its customers, it was able to endure the Great Depression and many other challenges.
The bank’s subsidiaries include Emigrant Mortgage Company, Inc., Emigrant Funding Corp., Emigrant Business Credit Corp., Emigrant Financial Services, Emigrant Capital and Emigrant Bank Fine Art Finance.
Related Links
Harriet Edelman